Maintenance Fees
District Lofts vs The Queen West Area
923 - 388 Richmond St W
For SaleDistrict Lofts
7 Days on Strata
$899,000
2 Beds
1 Bath
1 Parking
827 SQFT
Listing History
2025 - Apr 04 • 7 days on Strata
for sale$899,000
Sep 27, 2020 • 5 days on Strata
sold$785,000Down from $799,900
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Details
Ownership Type:
Condominium
Property Type:
Soft Loft
Maintenance Fees:
$775/mth
Taxes:
$3,340 (2024)
Cost Per Sqft:
$1,087/sqft
Outdoor Space:
Terrace
Locker:
None
Exposure:
North West
Possession Date:
60-90 days
Amenities
Gym
Rec Room
Party Room
Concierge
Rooftop Deck
BBQs Allowed
Visitor Parking
Security System
About this Listing
Welcome to District Lofts at 388 Richmond St. W. Boutique Living in the Heart of Downtown.This bright and spacious loft-style 2 bedroom condo features soaring ceilings, floor-to-ceiling windows, and a private balcony with sweeping views of downtown Toronto. Includes a rare underground parking spot.Enjoy top-tier amenities: gym, rooftop terrace, party room, and concierge service all in a sought-after, architecturally distinct building.Located in the heart of the Entertainment District with Queen West, King West, world-class dining, shopping, nightlife, and public transit all just steps away.Ideal for professionals, creatives, and investors looking to own in one of Torontos most vibrant and walkable neighbourhoods.
re/max prime properties - unique groupMLS® #C12064212
Fees & Utilities
Maintenance Fees
Included in Fees
Heat
Water
Parking
Building Maintenance
Building Insurance
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Heat Pump
Room Dimensions
Kitchen
Ceramic Floor, Open Concept, Centre Island
11.78 x 9.48ft
Dining
Laminate, Open Concept, Combined with Living
11.78 x 6.5ft
Living
Laminate, Combined with Dining, Walkout To Balcony
11.78 x 12.17ft
Bedroom
Large Closet, Large Window, Carpet
11.58 x 15.03ft
2nd Bedroom
Large Closet, Large Window, Carpet
8.99 x 10.07ft
Buyer's Market
Balanced
Seller's Market
Building Spotlight
Similar Listings
Explore Queen West
Commute Calculator
10/10
Walkability
Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
10/10
Transit
Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
7/10
Bikeability
Your bike's the trusty steed in this urban jungle — giddy up!
Mortgage Calculator
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
18,483
Average Individual Income
$71,628
Average Household Size
3 persons
Average Age
42
Average Household Income
$108,396
Dominant Housing Type
High Rise Apartment
Population By Age
Household Income
Housing Types & Tenancy
High Rise Apartment
43%
Semi Detached
25%
Detached
24%
Low Rise Apartment
3%
Duplex
2%
Marital Status
Commute
Languages (Primary Language)
Other
72%
Mandarin
13%
Cantonese
9%
Tagalog
2%
Arabic
1%
Spanish
1%
Urdu
1%
Korean
1%
Education
University and Above
43%
High School
21%
College
15%
None
12%
University Below Batchelor
3%
Apprenticeship
2%
Major Field of Study
Business Management
25%
Architecture & Engineering
17%
Social Sciences
12%
Health & Related Fields
10%
Math & Computer Sciences
8%
Humanities
6%
Physical Sciences
5%
Education
5%
Visual & Performing Arts
3%
Personal, Protective & Transportation Services
2%
Building Trends At District Lofts
Days on Strata
Units at District Lofts spend an average of
42
Days on Strata
based on recent sales
List vs Selling Price
On average, these lofts sell for
4%
below
the list price.
Offer Competition
Lofts in this building have a
LOWchance of receiving
Multiple Offers
compared to other buildings in Queen West
Turnover of Units
On average, each unit is owned for
4.2
YEARS before being sold againProperty Value
-25%
Decrease in property value within the past twelve months
Price Ranking
31st
Highest price per SQFT out of 52 condos in the Queen West area
Sold Units
2
Units were Sold over the past twelve months
Rented Units
6
Units were Rented over the past twelve months
Best Value Rank
District Lofts offers the best value out of 52 condos in the Queen West neighbourhood
?
Appreciation Rank
District Lofts has the highest ROI out of 52 condos in the Queen West neighbourhood
?
Rental Yield
District Lofts yields the highest rent prices out of 52 condos in the Queen West neighbourhood
?
High Demand
District Lofts is the most popular building out of 52 condos in the Queen West neighbourhood
?
Market Insights
Transaction Insights at District Lofts
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|
| Price Range | No Data | No Data | $857,000 - $993,800 | No Data | No Data |
| Avg. Cost Per Sqft | No Data | No Data | $855 | No Data | No Data |
| Price Range | $2,350 | $3,400 | $3,350 - $3,800 | No Data | No Data |
| Avg. Wait for Unit Availability | 152 Days | 412 Days | 76 Days | 848 Days | 284 Days |
| Avg. Wait for Unit Availability | 111 Days | 353 Days | 87 Days | No Data | No Data |
| Ratio of Units in Building | 30% | 13% | 47% | 8% | 3% |
Market Inventory
Total number of units listed and sold in Queen West
